Jump Financial LLC Purchases New Stake in The Walt Disney Company (NYSE:DIS)

Jump Financial LLC acquired a new position in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,433 shares of the entertainment giant’s stock, valued at approximately $1,162,000.

Several other institutional investors have also recently added to or reduced their stakes in DIS. Anchor Investment Management LLC grew its position in shares of Walt Disney by 6.5% during the 4th quarter. Anchor Investment Management LLC now owns 44,147 shares of the entertainment giant’s stock valued at $4,916,000 after buying an additional 2,683 shares during the last quarter. M Holdings Securities Inc. bought a new position in shares of Walt Disney during the fourth quarter valued at approximately $2,184,000. Rossby Financial LCC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $1,084,000. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $2,133,000. Finally, Canada Post Corp Registered Pension Plan bought a new position in Walt Disney during the 4th quarter worth $5,892,000. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. UBS Group reduced their price target on shares of Walt Disney from $130.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. Barclays reduced their target price on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Six research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $124.48.

Walt Disney Price Performance

DIS opened at $84.75 on Monday. The firm has a market capitalization of $153.21 billion, a P/E ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. The stock has a fifty day moving average of $99.24 and a 200-day moving average of $104.45. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.